In 2023, Malaysia's wood product exports to Brunei stood at 5.1095 million USD. Forecasts indicate a steady decline over the next five years. For 2025, the value is projected at 5.0358 million USD, marking a -1.44% year-on-year decline. By 2026, the export value is forecasted to drop to 4.9635 million USD, a further -1.44% decrease. In 2027, it is expected to fall to 4.8927 million USD, again a -1.43% decline. The trend continues in 2028 with a projection of 4.8233 million USD, a -1.42% reduction from the previous year. The compound annual growth rate (CAGR) over this five-year period is approximately -1.53%, indicating a consistent downward trend.
Future trends to watch for include potential market recovery driven by increased demand for sustainable wood products, competitive pressures from other exporting countries, and changes in trade policies between Malaysia and Brunei. Additionally, advancements in wood product manufacturing technology and shifts in global economic conditions could influence this forecast.
